🚀 $SUI Technical Analysis July 15, 2025: PRICE STANDS AT $3.976 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: 3.976 USDT • Moving Averages (MAs) show a bullish trend with MA(7) at 3.9121, MA(25) at 3.5905, and MA(99) at 3.0834, indicating strong upward momentum. • Volume is at 95.17M SUI (24h Vol/USDT 371.22M), suggesting high trading activity. • MACD shows a bullish trend with DIF at 0.1797 and DEA at 0.1566. • RSI values are in an overbought zone (RSI(6): 82.4230, RSI(12): 79.4176, RSI(24): 75.9322), indicating potential overextension.
📊 Important Levels to Watch 🔼 Resistance Levels: 4.0040 4.0611 4.5000 🔽 Support Levels: 3.8100 3.6360 3.2110
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $4.0040 ☑️ Entry Point: $4.01 (enter if price breaks above 4.0040 with bullish momentum confirmation) 🎯 Price Target: TP1: $4.0611 TP2: $4.5000 🛑 Stop Loss: $3.98 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 4.0040, an increase in volume, RSI(6) stabilizing above 80, and MACD showing a bullish crossover with DIF rising above DEA.
🐻 Bearish Trade Setup: Reversal below $3.8100 ☑️ Entry Point: $3.79 (enter if price drops below 3.8100 with bearish momentum confirmation) 🎯 Price Target: TP1: $3.6360 TP2: $3.2110 🛑 Stop Loss (SL): $3.83 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 3.8100, a decline in volume, RSI(6) dropping below 70, and the MACD showing a bearish trend with DIF falling below DEA.
📌 Suggestion to Open Positions Today: The current price action suggests strong bullish momentum with the price above key moving averages and a rising MACD. However, RSI indicates overbought conditions, suggesting caution. A breakout above $4.0040 could signal further gains, while a drop below $3.8100 might indicate a reversal. Monitor volume and RSI closely for confirmation before entering any positions.
